Liability of Joint Venturers. The obligations of the Joint Venturers hereunder are joint obligations and, in establishing that any breach of the obligations of the Joint Venturers or any of them under this Agreement has occurred, proof against any one or more of the Joint Venturers shall be sufficient proof as against all Joint Venturers. However, the liability of each individual Joint Venturer for any sum of money found to be payable in respect of any such breach or otherwise payable under this Agreement (including, but not limited to, Clauses 26, 32, 33 and 35) shall be limited to the percentage interest of that Joint Venturer in this Agreement as varied or adjusted from time to time pursuant to Clause 28.
Appears in 5 contracts
Sources: Goldfields Gas Pipeline Agreement, Goldfields Gas Pipeline Agreement, Goldfields Gas Pipeline Agreement